July 2022 Debtfree Issue
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NATIONAL (NOT) SAVING MONTH<br />
RESEARCH SHOWS WHY<br />
SAVING IS<br />
SO HARD<br />
Recently, two of SA’s biggest debt<br />
counselling practices released<br />
the results of their surveys about<br />
consumers current financial<br />
situation and if they are saving, the<br />
results are a bit scary.<br />
DebtSafe spoke to 1400 people and asked<br />
them how they cope. A very scary 61% of<br />
those surveyed are actually sitting without<br />
work, and find saving impossible. Recent<br />
government stats also show that more people<br />
than ever are unemployed.<br />
Those who are employed told DebtSafe that<br />
they are really struggling to save and pay their<br />
debt obligations.<br />
Debt Counselling practice DebtBusters spoke<br />
to a whopping 14 000 consumers (specifically
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